10% Discount on Forex Tester 2 - CLICK HERE
 
«  
  »

03/19/2010 GBPCHF Trade

Written by Hugh, on March 19th, 2010
GBPCHF Trade

Click above to enlarge

Here is a mini Monday Trade that I did.

Price moved up strongly back towards the Weekly Pivot point but there was a strong area of resistance that made me nervous.   In addition, price has had a downward tendency lately so  I set my price target just below the last area of resistance.

This was meant to be a quick trade based on current price action.  I only traded 2 units.  Price hit the target and bounced back down.

I made +0.5% on the account.   In hindsight, there isn’t anything that I would have done differently on this trade.




If you enjoyed this article, you might also like:

  1. 12/17/08 GBPCHF Trade
  2. 2009-12-28 GBPCHF Monday Trade
  3. 03/12/2010 EURUSD CTT Trade
  4. GBPCHF Trade
  5. GBPCHF Counter Trend Reload



Category: My Trading   Tags: ,

This post was written by . His goal is to become a professional trader.
Post comment as
twitter logo facebook logo
Sort: Newest | Oldest